(Photo courtesy Canola Council of Canada)

Canada’s canola crush pace hits six-month high

CNS Canada — Canada’s canola crushing pace jumped to its highest level in six months during the week ended Wednesday, according to data from the Canadian Oilseed Processors Association (COPA). Domestic crushers processed 153,102 tonnes of canola during the week, up more than five per cent from the week prior, COPA data shows. The last […] Read more

(Dave Bedard photo)

ICE weekly outlook: Canola spikes as loonie falls

CNS Canada — ICE Futures Canada canola contracts finished higher for the week ended Wednesday, tracking the U.S. soy complex for much of the period but ultimately shooting higher due to the Canadian dollar’s sudden free-fall. The weaker currency helped improve domestic crush margins and also made canola more attractive to exporters pricing in U.S. […] Read more


(Dave Bedard photo)

ICE weekly: Canola strength may be limited

CNS Canada — ICE Futures Canada canola contracts were mixed during the week ended Wednesday, with the most active front months posting gains and losses in the more deferred positions. While there is still more room to the upside, weakness in CBOT soybeans could spill over to pull the Canadian futures down. The open interest […] Read more



(Photo courtesy Canola Council of Canada)

Canola crush margins holding steady near $100

CNS Canada — Canola crush margins in Western Canada may be well off the highs seen last winter but are still very profitable for domestic processors as they hover around $100 per tonne above the futures. Crush margins provide an indication of the profitability of the product values relative to the seed cost when processing […] Read more







(Dave Bedard photo)

ICE weekly outlook: Canola up, watching beans

CNS Canada — ICE Futures Canada canola contracts posted solid gains during the week ended Wednesday, despite the release of a relatively bearish Statistics Canada production report during the period. StatsCan pegged the country’s 2014-15 canola crop at 15.5 million tonnes — about 1.5 million tonnes above earlier guesses and well above average pre-report trade […] Read more